Hurricane, tsunami or earthquake do not refer to natural phenomena anymore, neither do the words mayhem, massacre or bloodbath refer to the latest Holywood blockbuster. These are words used to describe the recent ructions in the financial markets of the world in recent weeks by serious nerdy looking women and men. Iceland has suffered the shock and awe of bankruptcy producing collateral damage to savers in the UK. In response the British government used antiterror laws to freeze all assets of Icelandic banks in the UK. Ireland broke the coalition by guaranteeing all bank deposits thus threatening to draw scarce liquidity away from others. Faced by friendly fire the US pumped in over a trillion dollars into its banking system but the FED Chairman is asking for more. The British bought controlling shares in banks such as the Royal Bank of Scotland and yesterday the Dutch did the same for ING, thus effectively nationalising these banks. Everyone is now discussing monetary as opposed to fiscal stimulus and Keynes versus Voodoo economics. Who has caused such a commotion in the world? More than Gengiz Khan, Alexander and Mao Ze Dong combined? It is my hero George W. Bush of course. He has finally found his legacy. Shit happens!